URGENT NEED FOR CBD REGULATIONS IN EUROPE

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Cannabidiol, or CBD— in case you haven’t already heard the chorus singing its praises, is the second most commonly found cannabinoid in cannabis and hemp plants. It is responsible for a host of physiological responses that could have some amazing applications, but unlike cannabis’s primary active compound THC, CBD does not cause any psychoactive effects.

Cannabidiol is already of great interest to many consumers and entrepreneurs as new studies continue to show its potential benefits. This has created an exploding CBD industry in Europe and around the world and has opened the doors for companies like Harmony to create and distribute a wide variety of CBD products.

But there’s a problem

Unlike THC and any plant containing it, CBD is not specifically mentioned under the individual Narcotics Acts of any European country and is not considered a controlled substance under European law. This is great because it means companies can produce and distribute CBD products derived from non-psychoactive hemp (which must contain less than 0.2% THC) and provide consumers access to an extremely useful cannabinoid.

However, on the flipside, it means that CBD products are not currently subject to any standard regulations. This leaves consumers with no legal protection or guarantees about the product they are purchasing. While many high-quality CBD producers are meticulous in their production methods (like Harmony!), the current, ambiguous patchwork-regulations allow for huge variations in the quality, strength and even safety of CBD products available on the market. Products are not subject to testing and CBD producers are currently given little guidance on dosage, labeling, and the necessary information they should provide to their consumers. Given the exponential growth rate of the CBD industry in the last few years, members of the industry have begun to recognise the lack of standardisation as a problem and have decided to speak out about the need for regulation.

The EIHA position

The European Industrial Hemp Association (EIHA) is a professional alliance that represents the interests of hemp farmers and producers both within individual countries and on a European level. Their members come from 31 nations and span several hemp-related industries.

At the end of 2016, the organisation released an official position paper on the need for CBD regulations in Europe. At the time of the statement’s release, major pharmaceutical companies both in Germany and the UK were pushing for CBD to become a prescription drug which they, of course, would own the rights to in the respective countries they were petitioning. The EIHA statement speaks strongly in opposition to their efforts, which it claims would greatly restrict access for consumers and destroy a budding industry for the profit of a few.

The paper argues for the development of “harmonised legislation in the field [of CBD] to make sure that consumers are protected, to sustain the industry’s current double-digit growth rate, to attract new investors and to boost product development.” It uses cited reports illustrating the cannabinoid’s safety as evidence against the need for harsh restrictive measures, and goes on to propose a regulatory system based on the quantity of CBD a product contains.